About your Search

20121027
20121104
Search Results 0 to 8 of about 9 (some duplicates have been removed)
. afterrhurricanes katrina and read it, the fund was $18 billion in the hole and still has that debt. then there is the issue of management. the government accountability office wrote a stinging criticism of the agency just last year describing? as actuarially unsound. it's systems are antiquated, running on pen and paper and imagine that, rather than computers. the department's at local state and national levels as a result have a difficult time communicating with fema. according to that report because of many of the process is the manual, the culture have become dependent on individual people. staff relying on personal relationships to accomplish tasks. including -- concluded from the gao, a total revamp. maybe that is why the improperly paid nearly $100 million to hurricane victims after katrina and rita between 2005 and 2010. just earlier this month the agency waived its demands for repayment. altogether, 371 million was paid out in error. taken a reminder to everybody out there, that's our money fellow taxpayers. remember katrina trailers, 145,000 of them deemed unsafe because t
in the past, the slow response to hurricane katrina, the formaldehyde ligand trailers purchased for katrina victims to live in. and now it is becoming more and more clear hurricane sandy may well be another example of the government blowing i it's a staten island resident had a same complaints residents of new orleans had seven years ago. where is fema when we need them. other problems that liberal bureaucracy huggers like to ignore. according to a new analysis from the heritage foundation, fema dollars after all taxpayer dollars look more and more like a goody bag, honeypot for presidents to raise. think of them as a political porkbarrel spending agency because that is unfortunately what it has become. the disaster declarations are on the rise. reagan had 28 per year on average. under nine under bill clinton. obama, 153. he takes the cake. heritage foundation rates to put this in perspective in somewhere in america in 2011 disaster occurred every day and a half. so strong it required the intervenon of the federal government because each of these disasters overwhelm the state and the local
don't do that. we saw that, you will recall, and katrina. all of the wind damage caused by the hurricane and katrina was covered. all or almost of virtually all of the flood damage caused by the dikes that broke and the spreading, the water spreading from lake pontchartrain, none of that was covered because insurance companies generally never inshore flood. they will ensure wind, but they will ensure fled because lead usually means, as you know, entire communities as opposed to this house has wind damage, that does not. this does, that doesn't. flood is to huge a risk for just a general insurance. neil: but with a lot of folks, they did get flood insurance, but it does not necessarily pertain to special circumstances , and not being jaded or cynical about insurance companies, but it is a way to wiggle out of paying you. a lot of them might. >> well, again, you have to read the policy. you have to see what you pay for it. the more you pay them more coverage you get, and the lessee payless coverage, but the important thing to remember here is that when it comes to a hurric
of it was unpaid hurricane katrina battered 2005. only a government program could get away with not paying its bills for seven years, but there you have it. and the wheels keep turning. hurricane sandy will put a new twist on insurance taxpayer dollars. according to "the wall street journal" and the, flood program covers more than 236,000 policies. $54.5 billion. if they exceed their borrowing cap, then they have to ask congress for more money and likely, you bet it is. it encourages building in risky areas. until recently, the government did not care where their customers will be housed in a hurricane zone area. only to see them. only to get blown out in the next one. some people rebuild with federal dollars over and over and over again. today, there are some restrictions on the kind of taxpayer looting. but it took years for the government to put even some limits on spending. likewise, the coverage is pretty dodgy. $500 in premiums year for a typical policy. unless in those areas that are less risky and prone to flooding. this is a bargain borne on the backs of taxpayers. remember, not all o
of hurricane katrina look at this nypd used helicopters that is to pluck people from rooftops in some new york city neighborhood, new york governor cuomo said limited come outer rai outer ral service has resumed. some commuter trains are still without power, some trashes washed away. the water making the important decision, amtrak service on north east corridor is mostly suspected. stranded air travelers get something relief, two of new york city's three major airports are open, njk and newark liberty, laguardia we heard, will hope tomorrow morning. african selling 20,000 flights since sunday, -- after counselling 20,000 flights since sunday, limit service are up again. the clean up of floods continues, rescue tradings on going. and mayor of hoboken is asking people to bring boats to city hall to help rescue stranded residented. national guard bringing food and helping with evacuations, testimony take days, and weeks and months for the clean up process across region, we go to fox news jonathan hunt, live in hoboken, new jersey, across the river from lower manhattan. >> reporter: it is a desper
Search Results 0 to 8 of about 9 (some duplicates have been removed)